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Title: Cardinal Point Wealth Management Brings Awareness to Cross-Border Tax Challenges for Canada-US Digital Nomads

Toronto, ON – October 9, 2025 – Cardinal Point Wealth Management is raising awareness of the growing tax complexities facing digital nomads who live and work across the Canada-U.S. border. With remote work now an established reality in the global workforce, an estimated 40 million people worldwide identify as digital nomads in 2025, including more than 18 million Americans. For Canadians and Americans who split their time across the border, the lifestyle promises flexibility but also presents significant tax considerations.A Shifting Work LandscapeThe COVID-19 pandemic accelerated the adoption of remote work, enabling professionals to live and work from virtually anywhere. For many Canadians and Americans, this has meant moving across the border while maintaining employment or freelance contracts. However, freedom of location introduces new questions around tax residency, reporting obligations, and the potential for double taxation.Tax residency is not determined by citizenship alone, but by where an individual maintains a home, family, business ties, or spends a significant amount of time. Misunderstanding these rules can lead to unexpected tax bills, audits, or missed deductions. As digital nomads increasingly blur the lines between countries, proactive planning is essential.Contrasting Tax Residency RulesThe United States and Canada take different approaches to determining residency for tax purposes.United States: The Internal Revenue Service (IRS) applies the Substantial Presence Test, based primarily on the number of days spent in the U.S. If an individual is present for 183 or more days in a given year—or meets a weighted three-year threshold—they are considered a U.S. tax resident. U.S. citizens, regardless of where they live, are taxed on worldwide income and mu...

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